L&T plans facility for DRDO products

23 Jan 2009

1

The Mumbai-based heavy engineering giant, Larsen & Toubro Ltd (L&T), is planning a major research facility that will conceptualise and adapt weapon systems developed by the Defence Research and Development Organisation for commercial production.

The company is also planning further investments in its manufacturing base in Coimbatore, where various divisions of the company are setting up units. The Coimbatore facility is mainly for defence and aerospace equipment manufacturing.

"We are not looking to set up something parallel to DRDO. It will be complementary,'' L&T board member MV Kotwal told the media about the new facility. He suggested that the government-run DRDO should concentrate on "real cutting edge high-end technologies", which India is yet to acquire. L&T would concentrate on applications for the high-end technologies developed by DRDO, he said.

Latest articles

TotalEnergies Signs Major Solar Power Deals for Google’s Texas Data Centres

TotalEnergies Signs Major Solar Power Deals for Google’s Texas Data Centres

EU Warns Meta Over WhatsApp AI Restrictions, Weighs Interim Measures

EU Warns Meta Over WhatsApp AI Restrictions, Weighs Interim Measures

Starlink Enters Gujarat: Musk-Linked Satellite Internet Deal Targets Remote Connectivity

Starlink Enters Gujarat: Musk-Linked Satellite Internet Deal Targets Remote Connectivity

Adani Energy Secures Japanese Bank Funding for Major North India Transmission Project

Adani Energy Secures Japanese Bank Funding for Major North India Transmission Project

Advent, FedEx-Led Group to Acquire Parcel Locker Firm InPost in $9.2 Billion Deal

Advent, FedEx-Led Group to Acquire Parcel Locker Firm InPost in $9.2 Billion Deal

Taiwan Says Shifting 40% of Chip Capacity to U.S. Is ‘Impossible’

Taiwan Says Shifting 40% of Chip Capacity to U.S. Is ‘Impossible’

U.S. Treasury’s Bessent Says Fed Likely to Move Slowly on Balance Sheet Decisions

U.S. Treasury’s Bessent Says Fed Likely to Move Slowly on Balance Sheet Decisions

Saudi Arabia Orders 20 High-Speed Trains From Spain’s Talgo

Saudi Arabia Orders 20 High-Speed Trains From Spain’s Talgo

Investors Rotate Into Smaller, Cheaper Stocks as Tech Risk Appetite Fades

Investors Rotate Into Smaller, Cheaper Stocks as Tech Risk Appetite Fades